U.S. President Donald Trump on Tuesday threatened to impose U.S. tariffs on $11 billion worth of European Union products, heightening tensions over a long-running transatlantic aircraft subsidy dispute and opening a new front in his global trade war.
Fashion retailer H&M has reintroduced delivery fees for its core brand’s loyalty club members on small online orders to cut logistics costs and help restore group profitability.
U.S. job openings dropped to an 11-month low in February and hiring decreased, which could partially explain a sharp slowdown in job growth during that month.
Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggles with a worldwide grounding of its best-selling 737 MAX jets following two fatal crashes.
Shareholders of Swiss bank UBS Group should oppose its compensation report for 2018, proxy adviser Glass Lewis said, citing “pay-for-performance concern”.
China, the European Aviation Safety Agency (EASA), Ethiopia, Indonesia and at least five other major regulators are expected to join the U.S. Federal Aviation Administration’s (FAA) review panel on the Boeing 737 MAX, officials said on Tuesday.
Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which has faced investor concerns about government influence over the company.
U.S. stocks fell on Tuesday after President Donald Trump threatened to impose tariffs on European goods, while the IMF’s downbeat outlook for global growth added to worries about an economic slowdown stemming from trade disputes.
Boeing Co said on Tuesday it handed over far fewer aircraft in the first quarter as the planemaker halted deliveries of its best-selling 737 MAX following the global grounding of the jets after two fatal crashes. Deliveries of the 737 planes fell to 89 in the first quarter from 132 a year earlier.
Delta Air Lines Inc Chief Executive Officer Ed Bastian said on Tuesday he was confident U.S. planemaker Boeing Co would resolve issues relating to its 737 MAX jet following two deadly crashes involving that type of aircraft.
Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggled with the worldwide grounding of its best-selling 737 MAX jets following two fatal crashes.
U.S. chipmaker Qualcomm on Tuesday lost a court challenge against a demand for it to provide EU regulators with data in a long-running antitrust case.
London-based Standard Chartered PLC has agreed to pay U.S. and British authorities $1.1 billion over violations of sanctions on Iran and other countries, several government agencies said on Tuesday.
World No. 2 casino operator Wynn Resorts Ltd on Tuesday ended takeover discussions with Crown Resorts, citing a leak of the deal details, hours after confirming it was in talks to buy the Australian rival.
United Airlines’ use of larger aircraft on routes previously flown by Boeing Co’s grounded 737 MAX jets is costing the carrier money in the short-term, President Scott Kirby said in a letter to employees seen by Reuters on Tuesday.
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